The UK Financial Conduct Authority (FCA) has confirmed that, on 11 July 2025, Alti Re Limited and Alvarium Fund Managers (UK) Limited went into administration.
David Soden and Matthew Mawhinney of Teneo Financial Advisory Limited were appointed as joint administrators for both firms.
Alti Re Limited (Alti Re) and Alvarium Fund Managers (UK) Limited (Alvarium) provide alternative investment fund management and real estate investment services.
Alti Re is an alternative investment fund manager (AIFM) which deals in corporate advice and the manufacture and distribution of real estate transactions. It also acts as a principal for various appointed representatives, including:
- Social Housing Income Advisors Limited
- AlTi Strategic Advisory (UK) Limited
Social Housing Income Advisors Limited and AlTi Strategic Advisory (UK) Limited have also gone into administration.
David Soden and Matthew Mawhinney, of Teneo Financial Advisory Limited, have been appointed as joint administrators.
Both firms have signed voluntary requirements restricting their business and ability to dispose of their assets. On 11 July 2025, the directors of the firms applied to court to place them both into administration because they concluded that the firms were insolvent.
The joint administrators will contact investors individually and will hold a meeting shortly after their appointment to explain what this means for investors.
If you believe you have a claim against Alti Re or Alvarium, please contact the joint administrators using the following details:
- Email: IREenquiries@teneo.com
- Write to: AlTi IRE Group (in Administration), c/o Teneo Financial Advisory Limited, 20 Colmore Circus Queensway, Birmingham B4 6AT.
The Financial Services Compensation Scheme (FSCS) is currently closed to claims but will work with the joint administrators to determine whether investors are covered and will provide further updates soon.
